MarketIQ Malawi
NICO Holdings plc (NICO)
Malawi Stock Exchange · Diversified Financial · Data as of 9 Sep 2026
MK 1,341.42-22.8% YTD
Key figures
| Share price | MK 1,341.42 |
| Market capitalisation | MK 1.40 tn |
| P/E ratio | 8.34× |
| Price / book | 4.67× |
| Dividend yield | 2.99% |
| 52-week range | MK 1,341.42 – MK 1,740.01 |
| Listed | 11 Nov 1996 at MK 2.00 |
Total return (price)
| Year to date | -22.8% |
| 1 month | -0.3% |
| 3 months | -17.5% |
| 6 months | -20.5% |
| 1 year | -22.9% |
| 3 years | +723.0% |
| 5 years | +2338.9% |
| Since listing | +2666.4% |
| CAGR p.a. (since listing) | +63.5% |
Return by calendar year
| 2020 | +7.2% |
| 2021 | +5.8% |
| 2022 | +9.1% |
| 2023 | +150.7% |
| 2024 | +178.6% |
| 2025 | +314.4% |
| 2026 | -22.8% |
About NICO
NICO Holdings plc is a diversified financial services group providing insurance, asset management, banking and investment services across Malawi and other African markets. Its operations include life and general insurance, pension administration, property and financial advisory services, delivered through a network of subsidiaries. The Group has a regional presence in countries such as Malawi, Zambia, Tanzania and Uganda and operates as one of the leading financial services groups in the region.